Bajaj Finance State Head Salaries by 5 Employees

12 - 14 years exp.

₹16.6 Lakhs - ₹23.5 Lakhs

Low Confidence

Salary of majority employees

22% more than the average State Head Salary in NBFC Companies for 12 - 14 years of experience

Interested in this particular role?

Last Updated: 24 Dec 2023

Companies similar to Bajaj Finance for State Head

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit State Head Salary 12 - 23 years exp. (23 salaries)	₹11.5 L/yr - ₹28.2 L/yr 2% less
Shriram Finance State Head Salary 11 - 27 years exp. (14 salaries)	₹8 L/yr - ₹29 L/yr At par
Login to view exact salary
IIFL SAMASTA State Head Salary 9 - 21 years exp. (9 salaries)	₹9.5 L/yr - ₹19.8 L/yr 22% less
Bharat Financial Inclusion State Head Salary 5 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹26.9 L/yr 5% less
TVS Credit State Head Salary 7 - 21 years exp. (7 salaries)	₹9 L/yr - ₹16.3 L/yr 43% less
Annapurna Finance State Head Salary 9 - 14 years exp. (7 salaries)	₹8.3 L/yr - ₹17.5 L/yr 22% less
Muthoot Fincorp State Head Salary 12 - 19 years exp. (6 salaries)	₹10.4 L/yr - ₹20.5 L/yr 18% less
Mahindra Rural Housing Finance State Head Salary 10 - 22 years exp. (6 salaries)	₹11 L/yr - ₹23 L/yr 3% more
Muthoot Finance State Head Salary 15 - 20 years exp. (6 salaries)	₹12 L/yr - ₹20 L/yr 13% less
IIFL Finance State Head Salary 7 - 13 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 31% less
Capital Trust State Head Salary 10 - 14 years exp. (5 salaries)	₹7.5 L/yr - ₹17 L/yr 40% less
Login to view exact salary
Manappuram Finance State Head Salary 15 - 20 years exp. (5 salaries)	₹13.2 L/yr - ₹15 L/yr 29% less
CreditAccess Grameen State Head Salary 13 - 16 years exp. (5 salaries)	₹19.5 L/yr - ₹31 L/yr 24% more
HDB Financial Services State Head Salary 8 - 20 years exp. (5 salaries)	₹11.7 L/yr - ₹25 L/yr 25% less
Satin Finserv State Head Salary 17 - 19 years exp. (5 salaries)	₹9.3 L/yr - ₹11 L/yr 46% less
Mahindra Finance State Head Salary 14 - 17 years exp. (4 salaries)	₹13.8 L/yr - ₹15.5 L/yr 28% less
Home Credit Finance State Head Salary 5 - 7 years exp. (4 salaries)	₹8.4 L/yr - ₹13.8 L/yr 31% less
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 6% less
Satin Creditcare Network State Head Salary 8 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹10 L/yr 49% less
Fusion Microfinance State Head Salary 9 - 17 years exp. (3 salaries)	₹9.2 L/yr - ₹16 L/yr 37% less

View all

State Head salary at Bajaj Finance ranges between ₹16.6 Lakhs to ₹23.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance State Head salaries

Last Updated: 24 Dec 2023

Experience	Avg Annual Salary
12 years (3 salaries)	₹16.6 L/yr - ₹23.5 L/yr
13 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹35.5 L/yr
Login to view exact salary
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹34.9 L/yr

Similar Designation salaries in Bajaj Finance

Team Lead Salary

(125 salaries)

₹1.3 L/yr - ₹7 L/yr

Sales Manager Salary

(833 salaries)

₹1.2 L/yr - ₹9.3 L/yr

Sales Officer Salary

(684 salaries)

₹1 L/yr - ₹5.25 L/yr

Sales Executive Salary

(703 salaries)

₹1 L/yr - ₹5 L/yr

Branch Manager Salary

(98 salaries)

₹2.85 L/yr - ₹8.85 L/yr

Area Manager Salary

(231 salaries)

₹5.15 L/yr - ₹16.5 L/yr

Cluster Manager Salary

(295 salaries)

₹8.57 L/yr - ₹29.5 L/yr

Deputy Manager Salary

(294 salaries)

₹3 L/yr - ₹9.77 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Regional Manager Salary

(117 salaries)

₹12 L/yr - ₹36 L/yr

Salary related reviews for Bajaj Finance

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Skill development - Bad

+4 more

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Skill development - Excellent

+3 more

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Salary - Poor

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Salary - Excellent

+1 more

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

Work satisfaction - Bad

+2 more

Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2021

5.0

for Salary and Benefits

Likes

One joins bajaj for good pay and incentives ofcourse.....If you want to earn money you join Bajaj finance limited..... that's it ......

Salary - Excellent

Dislikes

Policies and rules are different.....People are treated as per their Band not as per policy......One with the power or sitting at higher level can do anything they like or can manipulates policies......They don't treat you equally like I mentioned People are treated as per their Band not as per policy

Skill development - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Bajaj Finance?

Ask anonymously on communities.

Bajaj Finance State Head Salary FAQs

What is the salary of State Head at Bajaj Finance ?

The average salary of a State Head at Bajaj Finance in India typically ranges from ₹16.6 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of State Head at Bajaj Finance earn more than ₹23.5 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. State Head Salaries at Bajaj Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Bajaj Finance employees in India.

What is the estimated take home salary of a State Head at Bajaj Finance in India?

The estimated take-home salary of a State Head at Bajaj Finance in India typically ranges from ₹1,28,484 to ₹1,32,870 per month. This is based on the average salary range of ₹16.6 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 12 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finance for State Head in India?

Spandana Sphoorty Financial	₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen	₹19.5 Lakhs to ₹31.0 Lakhs per year
Mahindra Rural Housing Finance	₹11.0 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Finance, depending on the role and experience level.

What is the salary of a State Head in companies similar to Bajaj Finance in India?

The salary of a State Head at companies similar to Bajaj Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹8.0 Lakhs to ₹29.0 Lakhs per year
SMFG India Credit	₹11.5 Lakhs to ₹28.2 Lakhs per year
Bharat Financial Inclusion	₹10.2 Lakhs to ₹26.9 Lakhs per year
L&T Finance	₹8.5 Lakhs to ₹25.0 Lakhs per year
Muthoot Finance	₹12.0 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a State Head at Bajaj Finance in India?

The salary growth for a State Head at Bajaj Finance depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at Bajaj Finance:

Experience	Average Salary Range
12 years	₹16.6 Lakhs to ₹23.5 Lakhs per year
13 years	₹18.8 Lakhs to ₹35.5 Lakhs per year
14 years	₹17.0 Lakhs to ₹34.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Finance Salaries >
Bajaj Finance State Head Salaries

Bajaj Finance State Head salary in India ranges between ₹16.6 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finance latest salaries received from various employees of Bajaj Finance.